BELGIUM - The e871m KBC Bank pension fund has reduced its exposure to equities and increased its weighting in fixed income and real estate in a bid to reduce volatility on the company balance sheet.
Edwin Meysmans, managing director of the company’s defined benefit scheme, told Global Pensions that a strategic 57% allocation to equities made three years ago had been reduced to 50% for the next...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
